May 13, 2019
Ponzi Scheme
Beginning in 2012 and continuing through 2018, Jason Adkins of Jackson, Ohio defrauded investors by operating a $50 million Ponzi Scheme. He recently plead guilty in the U.S. District Court. Adkins claimed that he bought and sold over-sized tires used on earth moving equipment and mining equipment. Investors were told that their investment would buy tires at a steep discount and would be resold later at a higher rate. Investors were promised returns of up to 20%. According to the plea agreement, however, Adkins solicited millions of dollars from investors through false pretenses, and misappropriated investor funds for his own benefit, including by purchasing properties, buying cars, and taking luxurious vacations. Adkins plead guilty to wire fraud, money laundering, and tax evasion.
Step 1.
Talk to an Experienced Attorney Today
Call and speak to one of our attorneys* for a no-cost consultation to discuss your situation, answer your questions, and help you determine the next steps. This call usually takes about 15 minutes, but we are happy to talk to you as long as you would like!
Step 2.
Quick Review of Your Paperwork
If we think you might have a case, we will need to review a few basic documents. If we determine you have a case, then you will have the option to hire us as your attorneys to pursue it.
Step 3.
Signed Attorney/Client Agreement
If you decide to hire us to pursue your case, we will have you sign an attorney-client agreement so we can begin the process of trying to recover your losses.*
*In the vast majority of cases, our agreement is contingent – meaning you won’t owe us any money unless we recover money for you.